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                        THURSDAY, MARCH 28, 2024
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Experts divided on risk of Ukraine recession from Donbas blockade
Journal Staff Report

KIEV, March 21 - The impact of the blockade of traffic with the uncontrolled territories of Donbas on the Ukrainian economy will definitely be negative, but the degree of influence depends on a number of accompanying factors, experts polled by Interfax-Ukraine believe.

"The economy [after the decision to suspend goods transportation through the contact line in Donetsk and Luhansk regions] is likely to face the risk of recession. In the second quarter of 2017 real GDP might fall compared to the first quarter in seasonally adjusted terms. If the blockade is not eliminated in the third quarter of 2017, the decline in real GDP will continue in July-September. If GDP falls two consecutive quarters, it means that the economy will go into recession," head of the research department of ICU Oleksandr Valchyshen said.




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